Broadcom responds to CFIUS ‘private equity’ jibe

Broadcom has responded to allegations made in a letter from CFIUS to Qualcomm thart Broadcom would cut Qualcomm’s 5G  R&D budget if it succeeded in its takeover plans, so endangering the US technological lead in 5G.. CFIUS’ letter said: “Broadcom’s statements indicate that it is looking to take a ‘private equity’-style direction if it acquired ...

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